Description
The Borough of Atlantic Highlands is selling $1,900,000 of municipal Bond Anticipation Notes (BA Ns) in a single‑issue financial transaction. Interested qualified bidders must submit a purchase offer for the entire issue at not less than par, specifying an interest rate and meeting CUSIP‑assignment requirements. The award will be made by the CFO on the same day as the bid deadline, with closing scheduled for March 2, 2021. This opportunity is purely a financial purchase; no construction, consulting, or service work is required.
• Purchase the full $1.9 M of Harbor Utility and General Improvement Bond Anticipation Notes.
• Submit a bid by 11:00 a.m. on Feb 17 2021, offering the lowest net interest cost (interest minus any premium).
• Provide CUSIP numbers within 24 hours of award and handle wire‑transfer funding at closing on Mar 2 2021.